Update: It’s official, Might & Magic X Legacy has been announced by Ubisoft. The game will be fully shown at Pax East:

SAN FRANCISCO, CA – March 21, 2013 – Today, Ubisoft announced Might & Magic® X Legacy, just in time to showcase the game at PAX East. Developed by Limbic Entertainment, a team of devoted Might & Magic fans, Might & Magic® X Legacy brings a new chapter to the Might & Magic RPG series, with both the unique core formula and a new set of improved and fine-tuned features.

In the wake of the spectacular events in Might & Magic® Heroes® VI, you will play in a party of four adventurers entangled in intrigue and political machinations unfolding in and around Karthal. The city, on the verge of secession, is prey to competing factions vying for its control. Your actions will determine the fate of the city. Might & Magic X Legacy is an authentic solo experience in the classic first-person RPG genre. Create and lead your group into an exciting world and battle powerful mythical creatures while collecting ancient magical treasures. Through a turn-based gameplay system, defeat creatures and bosses to accomplish unique quests and make your way through dangerous dungeons, cities and labyrinths full of traps. Dive into vintage Might & Magic and play old school, new rules!

Now, another tease has showed up. Ubisoft is teasing what it seems to be Might & Magic X. The message is quite clear: a huge X made of elements from previous Might & Magic games and a simple sentence: “Meet Us at Pax East“.

See the image below.

Pax East will open its doors 5 days from today and it is going to be really big this year.